PSY
assignment_accounting.docx

Acting to modify the measurement system before it

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Acting to modify the measurement system before it goes into effect. B . Doing what is desired in response to being measured C . Doing what looks good on the measurement system, even though it was not what was actually desired D . Lying A car dealership decides to rank its sales people based on the number of cars that they sell during a month, in the hopes of making more money by making more sales. One salesman reacts by working harder, and being more welcoming to customers, and increased the number of sales he made. This behavior can best be characterized as:
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A . Acting to modify the measurement system before it goes into effect. B . Doing what is desired in response to being measured C . Doing what looks good on the measurement system, even though it was not what was actually desired D . Lying The word that refers to an attribute of any two or more resources that can be substituted without affecting the costs of the other resources that are required to carry out the activities to which these resources are devoted is: A . Responsivenes s B . Avoidability C . Interchangeabil ity D . Divisibility The IMA’s term for the correlation between a particular managerial objective’s output quantity and the input quantities required to produce that output is: A . Divisibility B . Traceability C . Homogeneity
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D . Responsiven ess A car dealership decides to give a monthly prize to the sales person who makes the most sales during a month, in the hopes of making more money by making more sales. One salesman reacts by getting another salesman to give him credit for cars sold by the other man, in order to come in first in the contest. This behavior can best be characterized as: A . Acting to modify the measurement system before it goes into effect. B . Doing what is desired in response to being measured C . Doing what looks good on the measurement system, even though it was not what was actually desired D . Lying Historical financial statements are meant to help users assess all of the following, except : A . Likely success of new products B . Performance of management in earning income C . Profitability of the business D . Solvency of the business A factory manager is not sure how to associate the fixed value of the
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real estate taxes for the factory with the changes in the amounts of a particular product produced during the year. The concept most relevant to this problem is: A . Interchangeability B . Homogeneity C . Variability D . Interdependenc e On November 20, Routledge Publishing prints 4,000 copies of an accounting textbook. In December, Routledge Publishing ships 1,000 copies to various bookstores, who have the right to return the books if they can’t sell them within three months. Historically, the bookstores typically return 4% of the books. Under GAAP, what is the correct accounting for these events?
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